Common use of Increase of the Commitments Clause in Contracts

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 9 contracts

Samples: Credit Agreement, Credit Agreement, Credit Agreement

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Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000600,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 5 contracts

Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 5 contracts

Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000750,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 4 contracts

Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000100,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 4 contracts

Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Midamerican Energy Co), Credit Agreement (Pacificorp /Or/)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000150,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 3 contracts

Samples: Credit Agreement (Midamerican Energy Co), Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000300,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 2 contracts

Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent Agent, to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000500,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, Eligible Assignees reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”). The Borrower may elect to remove or replace any such designated Eligible Assignee at any time prior to the effective date of such increase.

Appears in 2 contracts

Samples: Credit Agreement (American Electric Power Co Inc), Credit Agreement (American Electric Power Co Inc)

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Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000600,000,000650,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 1 contract

Samples: Credit Agreement (Midamerican Energy Co)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000150,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 1 contract

Samples: Credit Agreement (Nevada Power Co)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000100,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 1 contract

Samples: Credit Agreement (Sierra Pacific Power Co)

Increase of the Commitments. (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000100,000,000200,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to meeting the Administrative Agent and acceptable to requirements set forth in the Swingline Lender and each LC Issuing Bank, in their respective sole discretiondefinition of Eligible Assignee, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

Appears in 1 contract

Samples: Credit Agreement (Midamerican Energy Co)

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